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Wash. Post's Balz reported McCain "again made clear his opposition to broad federal intervention or bailouts," ignored approval of Bear Stearns aid

April 13, 2008 5:49 pm ET

SUMMARY: A post on The Washington Post's political blog, The Trail, stated that John McCain "once again made clear his opposition to broad federal intervention or bailouts." But the post, by Dan Balz, did not note that McCain reportedly agreed with the Federal Reserve's decision to extend a $30 billion loan to facilitate JP Morgan Chase's acquisition of Bear Stearns.

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